ICICI Lombard reported a significant growth in net profit at Rs 203 crore in the quarter ended June 2013 compared to Rs 83 crore during the previous year.
The gross direct premium income (GDPI) income for the company increased to Rs. 1,776 crore in Q1 as against Rs. 1,402 crore during the year ago period.
Bhargav Dasgupta, CEO & MD, ICICI Lombard General Insurance said the general insurer will continue to launch new initiatives to meet the constantly evolving needs of customers.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.